Adient Enterprise Value Multiple from 2010 to 2024
| ADNT Stock | USD 27.88 0.56 2.05% |
Enterprise Value Multiple | First Reported 2010-12-31 | Previous Quarter 5.06 | Current Value 5.17 | Quarterly Volatility 2.53440114 |
Check Adient PLC financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Adient PLC's main balance sheet or income statement drivers, such as Depreciation And Amortization of 294.8 M, Interest Expense of 143.3 M or Selling General Administrative of 503.9 M, as well as many indicators such as Price To Sales Ratio of 0.25, Dividend Yield of 0.0127 or PTB Ratio of 1.05. Adient financial statements analysis is a perfect complement when working with Adient PLC Valuation or Volatility modules.
Adient | Enterprise Value Multiple |
Latest Adient PLC's Enterprise Value Multiple Growth Pattern
Below is the plot of the Enterprise Value Multiple of Adient PLC over the last few years. It is Adient PLC's Enterprise Value Multiple historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Adient PLC's overall financial position and show how it may be relating to other accounts over time.
| Enterprise Value Multiple | 10 Years Trend |
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Enterprise Value Multiple |
| Timeline |
Adient Enterprise Value Multiple Regression Statistics
| Arithmetic Mean | 5.68 | |
| Geometric Mean | 5.20 | |
| Coefficient Of Variation | 44.61 | |
| Mean Deviation | 2.02 | |
| Median | 5.17 | |
| Standard Deviation | 2.53 | |
| Sample Variance | 6.42 | |
| Range | 8.4801 | |
| R-Value | 0.33 | |
| Mean Square Error | 6.17 | |
| R-Squared | 0.11 | |
| Significance | 0.23 | |
| Slope | 0.19 | |
| Total Sum of Squares | 89.92 |
Adient Enterprise Value Multiple History
About Adient PLC Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Adient PLC income statement, its balance sheet, and the statement of cash flows. Adient PLC investors use historical funamental indicators, such as Adient PLC's Enterprise Value Multiple, to determine how well the company is positioned to perform in the future. Although Adient PLC investors may use each financial statement separately, they are all related. The changes in Adient PLC's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Adient PLC's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Adient PLC Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Adient PLC. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Enterprise Value Multiple | 5.06 | 5.17 |
Pair Trading with Adient PLC
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Adient PLC position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Adient PLC will appreciate offsetting losses from the drop in the long position's value.Moving together with Adient Stock
Moving against Adient Stock
| 0.65 | AXL | American Axle Manufa | PairCorr |
| 0.6 | JD | JD Inc Adr | PairCorr |
| 0.52 | FNKO | Funko Inc | PairCorr |
| 0.42 | FEDU | Four Seasons Education | PairCorr |
The ability to find closely correlated positions to Adient PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Adient PLC when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Adient PLC - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Adient PLC to buy it.
The correlation of Adient PLC is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Adient PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Adient PLC moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Adient PLC can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Adient Stock Analysis
When running Adient PLC's price analysis, check to measure Adient PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Adient PLC is operating at the current time. Most of Adient PLC's value examination focuses on studying past and present price action to predict the probability of Adient PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adient PLC's price. Additionally, you may evaluate how the addition of Adient PLC to your portfolios can decrease your overall portfolio volatility.